News about Paramount Corp

  KUALA LUMPUR (Nov 22): Paramount Corp Bhd’s net profit for the third quarter ended Sept 30, 2018 (3QFY18) shrank by 81% to RM15.

The measures introduced in Budget 2019 will certainly help to promote home ownership, said Paramount Corp Bhd CEO Jeffrey Chew.

KUALA LUMPUR (Oct 26): Under a securitisation exercise to streamline group assets and achieve a more efficient capital structure, Paramount Corp Bhd has proposed to dispose of three of its tertiary education campuses to a special purpose vehicle for a combination of cash amounting to RM420 million and new cumulative redeemable non-convertible preference shares in the vehicle.

PETALING JAYA (Aug 24): Property developer Paramount Property Development Sdn Bhd is on track to meet its full year sales target of RM1 billion with its 1H2018 sales already hitting RM598 million, said Paramount Corp Bhd group CEO and director Jeffrey Chew at an analyst and fund manager’s briefing for Paramount Corporation’s 1H2018 financial results today.

PETALING JAYA (Aug 24): The reintroduction of the Sales and Services Tax (SST), slated in September, is unlikely to reduce house prices despite cost savings of at least 1% to 2% for property developers, said Paramount Corp Bhd group CEO and director Jeffrey Chew.

PETALING JAYA (March 14): Paramount Corp Bhd (PCB) recently announced its full-year financial results for FY17, posting a strong 62% growth in profit before tax (PBT).

KUALA LUMPUR (Jan 12): Paramount Corp Bhd is buying 41.

KUALA LUMPUR (Jan 2): Paramount Corp Bhd is disposing of two parcels of industrial land in Kota Damansara to an indirect wholly-owned subsidiary of Aluminium Co of Malaysia Bhd (Alcom) for RM92.

KUALA LUMPUR (Nov 15): Paramount Corp Bhd shares were up as much as 8 sen or 4.

KUALA LUMPUR (Aug 17): Paramount Corp Bhd fell 2.